Pi Coin Price Failed 60% Breakout — What Happens Next?
The post Pi Coin Price Failed 60% Breakout — What Happens Next? appeared on BitcoinEthereumNews.com.
The Pi Coin price is struggling to recover after its recent breakout attempt collapsed. The token is trading near $0.16 after failing to hold gains above $0.19, a level it reached during a bullish flag breakout attempt on February 17. That breakout had projected a rally of nearly 60%, but the move quickly stalled. Since then, Pi has drifted lower, raising concerns that the broader downtrend may still be intact. Yet beneath this weakness, one technical signal suggests a bounce attempt may still be developing. The bigger question is whether retail buyers alone can sustain it. Hidden Bullish Divergence Keeps Bounce Hope Alive Pi Network’s recent decline has formed an interesting structure on the chart. Between February 13 and February 22, the price seems to be forming a higher low, while the Relative Strength Index (RSI) formed a lower low. The RSI is a momentum indicator that measures buying and selling strength. This pattern, called a hidden bullish divergence, often signals a temporary bounce within a broader downtrend. Pi Coin Fails Breakout, But Bounce Hope Follows: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. This explains why Pi Coin has managed to stabilize near $0.16 despite its failed breakout. However, this signal remains extremely weak. For the divergence to validate, PI must hold above the $0.16 support level ($0.162 to be exact). A drop below this level would weaken the hidden bullish structure momentarily and expose the price to deeper losses. But momentum alone is not enough. The real test is whether participation supports the rebound. Social Interest And Money Flow Collapse While the RSI shows early rebound potential, other indicators show weakening confidence. Social volume, which tracks how often Pi Coin is discussed across social platforms, has collapsed sharply. It dropped from…
Filed under: News - @ February 22, 2026 7:20 pm